Motion: DeFi is DeFicient (Udi Wertheimer vs. Haseeb Qureshi)
Today’s motion concerns DeFi, or decentralized finance. The vision of decentralized finance is financial markets such as borrowing/lending and trading without intermediaries. The hope is this will improve efficiency, transparency and cost-effectiveness. MakerDAO, Compound, Uniswap are examples of DeFi apps w/ the most traction today.